The New LifeLongU™ Household Budget is fast and easy to use.
Enter household Inflows (Income) and Outflows (Expenses) in predefined categories, only 4 of them. Add an allocation percentage (%) to the different line items.
Household Budget is based on creating a spending plan that focuses on 4 main areas of expense:
- Charitable giving first (say 10%)
- Then saving for yourself (say 10%)
- Then living within a certain amount (say 60%)
- Paying down creditors (no more than 20%)
Adapting a simple budget plan like this can easily show you quick answers to “what if” questions you may have about your income, expenses and much more.
And now, we have created a detailed tutorial on how to use that budget…click below to watch it on YouTube…